Chicago (PRWEB) August 30, 2013 -- Today buildOn announced that Misha Malyshev and his wife, Oksana Malysheva, have contributed $150,000 to build five schools in Mali, Malawi, and Nicaragua with international non-profit buildOn. The schools will provide more than 500 children in rural villages with a clean, safe place to learn. Additionally, through a partnership with each village, buildOn will ensure that at least half of the school’s students are female.
Malyshev is the CEO of Teza, a Chicago-based science and technology-driven global quantitative trading firm. Regarding the commitment to buildOn, Malyshev said, “Access to a quality education is vital toward ensuring a productive and meaningful life. My wife and I believe in buildOn’s mission and we are delighted to be able to continue our partnership with them.”
Consistently ranked among the world’s 20 least developed countries on the United Nations’ Human Development Index, African countries Mali and Malawi have long been challenged by economic stagnation and a lack of access to education. In Nicaragua, the second poorest country in Latin America after Haiti, individuals living in rural villages have only two years of education on average. According to the Global Campaign for Education, no country has ever achieved continuous and rapid economic growth without first having at least 40 percent of its adults able to read and write.
In addition to their continued support of education in developing countries, the Malyshevs also support education efforts in Chicago through buildOn’s Afterschool Service Program. In December of 2012, the couple led Teza’s support of buildOn’s Breaking the Cycle Campaign. Through a $100,000 matching gift grant from Teza, the campaign raised $235,000 to support buildOn’s Afterschool Service Programs in under-resourced Chicago Public Schools (CPS) high schools, and to build three schools in Malawi.
“At buildOn, we believe that talent and intelligence are distributed equally to children across the planet. Unfortunately, opportunity is not,” said Jim Ziolkowski, CEO and Founder of buildOn. “Right now there are 57 million children without access to education. The Malyshev’s and Teza’s support allows us to ensure that all children have a chance to lead healthy, prosperous lives.”
About Misha Malyshev
Misha is the CEO and founder of Teza, a Chicago-headquartered firm that utilizes technology and quantitative tools to trade in a broad range of asset classes and markets globally. Before founding Teza, he spent seven years at Citadel Investment Group, L.L.C. Misha has also conducted scientific research for Bell Labs and worked as a consultant with McKinsey & Company. He earned his Ph.D. in Astrophysics from Princeton University in 1998 and graduated with an M.S. in Theoretical Physics and a B.S. in Physics and Mathematics from Moscow Institute of Physics and Technology. Learn more at http://www.teza.com.
At home or abroad, buildOn’s goal is to break the cycle of poverty, illiteracy and low expectations through service and education. In the U.S., buildOn empowers urban youth to transform their neighborhoods through intensive community service and to change the world by building schools in some of the economically poorest countries in the world. Internationally, buildOn is breaking ground on a new school every five days in Haiti, Nicaragua, Nepal, Senegal, Malawi, and Mali. Our students have contributed over 1 million hours of service in the U.S., and have helped build more than 500 schools around the world. For more information, visit http://www.buildon.org.
Carrie Pena, buildOn, http://www.buildon.org, 224-420-1825, [email protected]